Market Settles in for End of Quarter Marker Obviously Wall Street and the 401K managers around the country have a great interest in printing as good a end of quarter price as possible tomorrow. Their hope is that somehow the…Continue Reading →
Yesterday we outlined some trading ranges for the S&P. Today we are getting somewhat short again. 2429 was listed as the dividing line between undervalue and overvalue and 2722 was listed as the top of the current trading range. This…Continue Reading →
The Setup The country and probably the world has entered a zone for which the prime age 30-55 person is ill prepared, a zone of personal sacrifice. Since 1973, when the US draft ended, the vast majority of the…Continue Reading →
The short Stock position is what is important at the moment, 20 % down is the next stage, then probably 30 %. Building a short Bond position should be a look at the future and something to be inched into…Continue Reading →
Our View For the many reasons we have elaborated on at length for almost the past two years, our Fracture strategy was keyed on the January 2018 Fracture event. Essentially we started with short positions and added to them based…Continue Reading →
The Crash, That IS Our view is that we are seeing an elongated Cyclical top in the stock market. The reasons have been elaborated on at length since the January 2018 Fracture date. Nothing fundamentally seems to make a difference….Continue Reading →
Breakout is setup in Stocks Direction is going to be either sharply higher or sharply lower, maybe today…. We think lower, but in this day and age…???
As the scenario that started in January 2018 continues to unfold, Hope on the part of Trump believers has been the dominant word on the economic front. That hope is dominated by stock market positions fueled by stock buybacks. To…Continue Reading →
Today, twenty months in the making.
Yesterday’s rally to 2940 on the S&P was close enough to the 2954 resistance area to say that was all of the bounce from this weeks sell-off that we will see. That was a quick end to the trading bounce….Continue Reading →